views

Learn about tea. There are four major types--white, black, oolong and green tea--and thousands of blends, brews and names within those groups. Tea has significance in various cultures and is touted for health benefits. If you are running a tea shop, expect to be asked questions about tea. You'll need to be knowledgeable about the regions tea comes from, the processing methods for tea, health benefits and significance of tea. Unlike other businesses you can choose, there is a lot to learn besides just how to start a tea store. Read about tea, join groups and go to seminars and presentations to get a good understanding of all there is to know about tea.

Identify your target market. The customers you intend to sell to will dictate what kind of tea store to run. Some customers will be attracted to the ritual and perceived luxury of tea while others may be interested in the health benefits.

Define your niche and make a marketing plan. Based on your target market research, decide what type of tea shop to open and how to market it. Your niche and target market will determine everything from the location of your store to the look of your interior, website, merchandise and stationery. It will also help you to focus your advertising and marketing efforts.

Set financial goals and evaluate your start-up and operational costs. Decide how you will finance your business. Have a business plan written to attract investors or apply for loans.

Find a location for your tea store. Think about the market you plan to serve as well as the amount of customers you want to be able to accommodate at one time when choosing a location. Alternatively, you can open an Internet business selling loose or bulk tea. In this case you'll need room to store and package the tea as well as an office area to keep track of orders.

Find out what licenses you need. Register your business with the Internal Revenue Service or the appropriate authority where your tea store is located. Apply for local and state licenses, including inspections required to run a food selling business.

Speak to an attorney, accountant or small business advisor for advice about how to start a tea store, including tax issues and liability protection. Choose a tax status for your company, such as a corporation, sole proprietorship or joint ownership.

Find reliable suppliers. Make sure to choose reputable companies and test all products. In addition to loose tea, you'll need food products, serving ware and preparation equipment.
Comments
0 comment